HealthLeaders Media Finance - November 15, 2010 | Chairman's Mark Makes Unrealistic Recommendations View as a Webpage | Subscribe for Free
Chairman's Mark Makes Unrealistic Recommendations
Karen Minich-Pourshadi, Senior Editor

Every few months, my husband and I go through and balance our budget.  We tend to cut down on unnecessary items, but wouldn’t dream of cutting the money we put aside for healthcare. Our family’s prudent approach isn’t necessarily a reflection of what the government does when it makes budget cuts, evidenced by the recently released “chairman’s mark” preliminary report. [Read More]
 
  November 15, 2010

 
Editor's Picks
Hospital Costs Up 8.2%, Healthcare Inflation Hits 6.3%
It's always important to know what your customers are going through; right now, the cost of healthcare for people with employer-sponsored health insurance has climbed 6.3% for the fiscal year ending June 30, with hospital costs outpacing other healthcare-related cost. [Read More]
Healthcare Reform: Two Out of Three Ain't Bad
Project managers will tell you there are three dimensions to any project: cost, quality, and time. Out of these three, there can be only one real driver; i.e., if low cost is of greatest concern, than the end-product's quality will inevitably suffer. Want something done top-notch? Don't expect it to be completed right away. [Read More]
Shorter Hours for Residents May Come with Financial Consequences
Reduced residency duty-hour rules could increase hospitals' financial burdens and hinder education efforts, according to a report published in Minnesota Medicine. Authors Dr. Allison Duran-Nelson, Dr. Joan Van Camp, and Dr. Louis Ling of the University of Minnesota suggest that new rules proposed by the Accreditation Council for Graduate Medical Education (ACGME) to limit first year residents' work-day hours to 16 could have the unintended consequence of causing "more stress for those physicians who want to be there for their patients." Longer shifts are currently the norm. [Read More]
Intelligence Report: Hospital Mergers & Acquisitions
Brand-new research shows that 64% of healthcare leaders expect an increase in M&A activity between acute care hospitals and both diagnostic imaging and ambulatory surgery centers. As the transaction tide continues to rise, the newest HealthLeaders Media Intelligence Report, Hospital Mergers & Acquisitions: Opportunities and Challenges, reveals key insights to help keep you afloat. [Read More]
 
HealthLeaders Media Rounds: Building Accountable Care Organizations
Hospitals and physicians are working hurriedly to build systems of care that reward quality, outcomes, and high-value care—the ingredients of the accountable care organization. Innovative healthcare leaders like Carilion Clinic and Norton Healthcare are getting ready now for the future of healthcare system delivery. Join us on Dec. 9 from Carilion Clinic and share the lessons these leaders have learned. [Register today]
 
Finance Forum
How to Prepare for ICD-10 Coding, Software Revisions
The first major alteration in decades of the International Classification of Diseases is looming. Here's a guide to the upcoming changes, which will affect the billing, payment, and software systems of every healthcare provider and healthcare payer organization in the U.S.

[Read More]
Sponsored Headlines
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IBM WebSphere Portal for insurance demo: With so many insurance companies to choose from, how can you stand out from the rest? Watch this demo to see how one insurance company did just that. By using IBM® WebSphere® Portal and related Lotus® software, their customers can now learn about products, file claims and much more; while their agents have access to the tools and resources they need.
 
 
IBM WebSphere Portal: Helping to put the patient first: To stay competitive, leading healthcare providers focus more and more on their patients' needs. While many recognize the potential of IT to improve services, many struggle with driving new IT efficiencies. Read this paper to see how IBM® WebSphere® Portal software can help providers by offering a flexible and valuable long-term solution.
 
 
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Forrester Whitepaper: CMO's Must Connect the Dots of the Online Brand: Digital has been widely embraced by consumers and by many parts of the enterprise. But the adoption of digital channels—Web sites, mobile apps, online sales and customer service, and other smart touches—has often occurred in a piecemeal way. This has resulted in three potential mishaps.
 
 
 
Finance Headlines
A computer's advice to cut medical costs
The Seattle Times, November 15, 2010
Medicare Advantage Demo to Use Financial Incentives to Boost Quality
HealthLeaders Media, November 15, 2010
12 Hospitals Fined for 'Immediate Jeopardy' Violations in CA
HealthLeaders Media, November 15, 2010
Credit Ratings in the Reform Era
HealthLeaders Media, November 15, 2010
Merging the Clinical and Financial
HealthLeaders Media, November 15, 2010
Hospital Costs Up 8.2%, Healthcare Inflation Hits 6.3%
HealthLeaders Media, November 12, 2010
Hospital Sues WV Over Medicaid Reimbursements
HealthLeaders Media, November 12, 2010
 
 
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The Physician's Place in the ACO
 
Development of accountable care organizations may be critical to holding down costs and improving quality. But how will doctors' roles change? [Read More]
 
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Creating Stroke Systems of Care
If U.S. healthcare is headed toward a model that eliminates fragmentation and emphasizes continuity and cooperation, stroke care may be leading the way and making a difference in patients' lives. [Read More]